Medsphere Buys HealthLine Solutions
January 4, 2019
Based in Plano, Texas,
HealthLine has more than 20 years of experience in creating applications
that enable hospitals to more effectively manage supply chain inventory.
HealthLine’s core assets include robust and adaptable applications that
use bar coding and RFID technology, intuitive user interfaces and
systems integration to ease the complex process of healthcare supply
chain management. Integration and automated tracking enables HealthLine
to provide additional supply chain reporting support for specialized
clinical functions such as interventional medicine and surgery.
HealthLine applications now specifically enhance the RCM Cloud revenue
cycle management component of the complete CareVue EHR solution.
Terms were not disclosed.
“HealthLine applications empower hospitals to increase revenue and lower
labor costs while having complete confidence in inventory data, which is
why we’re excited about this strategic acquisition,” said Medsphere
President and CEO Irv Lichtenwald. “With the addition of supply chain
management functionality, the CareVue solution overall, and the RCM
component specifically, offer a unique combination of comprehensive and
affordable functionality that no other healthcare IT provider has chosen
purchasing, receiving and inventory supply functions are similar across
many industries, healthcare presents unique challenges in that
inventories are maintained in disparate locations such as nursing
stations, operating rooms and specialty departments. HealthLine’s proven
ability to navigate the healthcare environment makes it a valuable
addition to the CareVue EHR platform.
With the addition of HealthLine and other recent mergers, Medsphere now
offers platforms that satisfy the clinical, revenue cycle and inventory
management needs of all inpatient acute and behavioral health
facilities. Medsphere offers both CareVue Cloud and RCM Cloud options
for those organizations that want to move away from onsite data centers
and is working toward making HealthLine applications similarly